MBA Material Management: Course Details, Eligibility, Syllabus, Fees, Colleges, Scope

MBA Material Management emphasises the concepts and procedures of managing materials and resources in a manufacturing or service organisation. Procurement, inventory control, logistics and supply chain management, and warehouse management are a few of the topics covered in the programme. Candidates with any undergraduate degree are eligible to apply for an MBA in Material Management.

It is a two-year full-time MBA programme that offers job opportunities with an average package of Rs. 8 LPA to Rs. 12 LPA. Top recruiters include companies like Raymond, PepsiCo, Hyundai, Future Group, Ford, Nestle, and Reliance Industries. The programme offers a good return on investments of students with the programme fee varying from Rs. 15,000 to Rs. 8 Lakhs.

Graduates of the MBA in Material Management can go on to work in manufacturing, retail, healthcare, and transportation. They can have positions as an operations manager, supply chain manager, logistics manager, or materials manager. Organisations trying to increase the efficiency of their supply chains and operations highly value the skills and knowledge acquired by these graduates.

Highlights About MBA Material Management

MBA Material Management Eligibility Criteria

Candidates who wish to pursue an MBA in Material Management should fulfil certain eligibility criteria to be admitted to a college of their choice. Some of the basic eligibility requirements that are the same for most colleges are:

• Candidates must have completed an undergraduate degree (BBA, BCom., or in any other relevant field) from a recognised university.

• Candidates must score a minimum of 60 per cent in their respective undergraduate degrees.

MBA Material Management Admission

Candidates who wish to pursue an MBA in Material Management must follow a predetermined admission process. Students are advised to check the admission procedure of different colleges beforehand. A general framework of the process is:

• Candidates must fill out the application forms of all colleges separately and before the deadline.

• They can fill out the form either by visiting the college or through the official website of the college.

• Candidates must ensure that all the relevant documents are attached along with their application forms.

• They should appear and pass the entrance exam accepted by the respective college.

• Based on the entrance exam scorecard, seats will be allotted to candidates.

• In case of direct admission, seats are provided based on the scorecard of degree.

MBA Material Management Entrance Examinations

Admission into MBA Material Management is granted to students purely based on their merit scores. There are no entrance examinations for MBA Material Management in India as of now. Students must score at least 60 per cent in their undergraduate degree to pursue MBA in Material Management.

Cutoff of Top Colleges

Since admission into MBA Material Management is determined purely based on the merit scores of students, candidates must ensure that they score a minimum of 60 per cent in their undergraduate degree. To get admission to a college of choice, a candidate must clear the required cutoff score of that particular college.

Required Skills for MBA Material Management

Candidates who wish to pursue an MBA in Material Management must possess a combination of skills and qualities that would help them to excel in their respective career fields. Some of the required skills and qualities are:

• Analytical Skills

• Problem-Solving

• Leadership Skills

• Technical Skills

• Communication skills

• Negotiation Skills

• Decision-Making

• Time Management

• Adaptability

MBA Material Management Syllabus

The academic curriculum of MBA Material Management covers various topics and equips students with the necessary skills and knowledge. The curriculum may differ by the institute, however, an overview of the general curriculum of the programme is:

MBA Material Management Fees Structure

The fee structure of MBA Material Management can vary by the institute. Hence, students are advised to check the official website of colleges for up-to-date information on the fee structure. The fee for MBA Material Management may vary between Rs. 15,000 to Rs. 8 Lakhs. Private colleges are usually more expensive than government colleges.

Scope of MBA Material Management

An MBA in material management can be used in a variety of fields and businesses where efficient use of resources and materials is essential. Graduates in this field are in high demand in a variety of sectors, including manufacturing, retail, logistics, and healthcare.

Jobs like materials manager, procurement manager, supply chain manager, inventory manager, and operations manager are among the high-paying jobs they can pursue. The demand for experts in material management is predicted to expand as global supply chains become more complicated and as efficiency and sustainability become more important.

Career Options After MBA Material Management

MBA Material Management provides graduates with a variety of job roles in various sectors. Graduates can work as managers, consultants, or executives in highly reputed companies. Some of the job profiles pursued by them are:

Top Recruiters

Graduates of MBA Material Management can find high-package placements in various companies and sectors. Some of the top recruiters of MBA Material Management are:

• Raymond

• PepsiCo

• Hyundai

• Future Group

• Ford

• Nestle

• Reliance Industries

Benefits of MBA Material Management

Graduates of MBA Material Management can get a competitive edge by acquiring specialised skills in supply chain management, inventory control, and procurement. In fields where effective material management is essential, graduates gain from more career options, higher earning potential, and job stability.

Expected Salary After MBA Material Management

Graduates can expect their average salary to be dependent on factors like the location of the job, their expertise, and their specialisations. MBA Material Management offers graduates with high-paying job profiles in highly reputed companies. Some of the highest-paying jobs after MBA Material Management are:

Source: Ambition Box

List of Top Colleges in India Offering MBA Material Management

MBA Material Management is offered by a few Private and Government colleges in India. Candidates can take into consideration the top two colleges given below if they wish to pursue an MBA in Material Management:

MBA in Material Management offers a thorough comprehension of the ideas and procedures involved in managing resources and materials across a range of businesses. Graduates have the know-how to optimise inventory levels, manage supply chains efficiently, and boost operational effectiveness.